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Money can in fact buy happiness, if it’s spent on others: study

by Pat Coate | March 23, 2008
"The vast majority of research in this area has been to examine the relationship between how much money people make and how happy they are ... What we did instead is to look at how people use what they have."
- Elizabeth Dunn, psychologist/researcher

Vancouver, British Columbia, USA - Money can buy happiness -- as long as it is spent on other people or on pro-social causes, scientists said Thursday.

Dunn said she next wants to investigate whether giving time or volunteering services would boost happiness as much as giving money.

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